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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 2648   View pdf image (33K)
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2648 ARTICLE 11.

1929, ch. 226, sec. 729A (p. 723).

752. For the purpose of collecting said tax the year shall begin on the
first day of September and end on the thirty-first day of August in each

succeeding year; and whenever any mortgage has been recorded only a
part of a year, the tax shall be paid only for that part of the year for
which it has been of record.

1929, ch. 226, sec. 729B (p. 723).

753. All covenants contained in any mortgage executed after the thir-
tieth day of March, in the year 1896 and recorded in said county, for the
payment by the mortgagor of any or all taxes, assessments, public dues or

charges, levied or to be levied by law on the mortgage debt created or se-

cured by such mortgage, or on the interest covenanted to be paid, are here-
by declared null and void; but whenever any mortgage executed prior to

said date contains any such covenant the said mortgage shall be exempt
from the provisions of Section 751.

1929, ch. 226, sec. 729C (p. 724).

754. Any person or corporation lending money on mortgage upon

property in Frederick County, his or its agent or attorney, in addition to
the usual oath or affirmation as to the bona fides of the consideration, shall

take oath or make an affirmation, to be endorsed upon the mortgage, and
to follow immediately after the said oath or affirmation, as follows: "And

did also make oath in due form of law (or did solemnly and truly declare
and affirm) that the mortgagee has not required the mortgagor, his agent
or attorney, or any person for the said mortgagor, to pay the tax levied
upon the interest covenanted to be paid, in advance, nor will he require
any tax levied thereon to be paid by the mortgagor, or any person for him,
during the existence of this mortgage"; and upon the assignment of any
mortgage upon property in Frederick County, which mortgage was exe-
cuted after the thirtieth day of March, in the year 1896, except for the
purpose of foreclosure, the assignee, his agent or attorney shall take the
oath or make the affirmation prescribed in this section; and when said
oath or affirmation is made by an agent or attorney, he shall, in addition
thereto, make oath or affirmation that he is the agent or attorney of the
assignee, which oaths or affirmation shall be recorded with the assignment.
No mortgage or assignment of mortgage shall be valid except as between
the parties thereto, unless the said oaths or affirmation shall be endorsed
thereon; provided, that nothing in this section shall apply to mortgages

executed and recorded in Frederick County prior to March 15, 1902.

1929, ch. 226, sec. 729D (p. 724).

755. It shall be the duty of the clerk of the Circuit Court for Fred-
erick County to render to the Board of County Commissioners of said,

County on the first day of each month, a complete list of all mortgages re-
corded, released and assigned in his office during the last month, which
said list shall give the names of the mortgagee and mortgagor, the location

 

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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 2648   View pdf image (33K)
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